Latest from Ian Allison
JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source
Coinbase said its banking relationship with JPMorgan remains intact.

Crypto Banking Firm BCB Prepares U.S. Dollar Payments to Plug Silvergate Gap
BCB Group CEO Oliver von Landsberg-Sadie said he hopes to have dollar fiat-to-crypto rails in place and ready to go live early in the second quarter.

Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges
Crypto bank warned this week about its ability to remain in business.

Compañía de custodia cripto Protego Trust despide a la mayor parte de su personal
Algunos empleados todavía siguen en sus puestos y las operaciones de la empresa están listas para comenzar a funcionar pero el dinero es un problema, dijo una persona familiarizada con la situación.

Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
Crypto pioneer Xapo has quietly assembled interest-bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market countries.

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.

Fixed Income DeFi Platform Term Finance Readies for Business
Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others.

Institutional DeFi Startup Hashnote Is First to Emerge From Incubator Cumberland Labs
The regulated DeFi asset manager was launched with a $5 million investment from the Web3 incubator.

Crypto Custodian Finoa Gets License Approvals From German Regulator BaFin
The Berlin-based firm also closed a strategic venture round led by Middlegame Ventures.

Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.
